Meritage Homes Corporation

Meritage Homes Announces Continued Partnership With Operation Homefront, Two Home Donations in Austin and Charlotte

Retrieved on: 
Martedì, Maggio 28, 2024
Partnership, Bath, Sharpening stone, Meritage Homes Corporation, Operation Homefront, Thermostat, OUR, HVAC, Meritage

SCOTTSDALE, Ariz., May 28, 2024 (GLOBE NEWSWIRE) -- Meritage Homes , the fifth largest public homebuilder in the U.S., is pleased to announce its continued partnership with Operation Homefront ’s Permanent Homes for Veterans program.

Key Points: 
  • SCOTTSDALE, Ariz., May 28, 2024 (GLOBE NEWSWIRE) -- Meritage Homes , the fifth largest public homebuilder in the U.S., is pleased to announce its continued partnership with Operation Homefront ’s Permanent Homes for Veterans program.
  • As part of the program, Meritage will build and donate brand-new, mortgage-free, energy-efficient homes for veteran families in Austin, TX and Charlotte, NC in 2024.
  • “We’re honored to take part in these donations with Operation Homefront to provide deserving military families with a place to call home,” said Phillippe Lord, CEO of Meritage Homes.
  • The 2024 recipients of the Meritage homes will be selected by Operation Homefront and presented the keys at ceremonies in November around Veterans Day.

Meritage Homes Announces Quarterly Cash Dividend

Retrieved on: 
Giovedì, Maggio 16, 2024
MTH, Meritage Homes Corporation

SCOTTSDALE, Ariz., May 16, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.75 per share.

Key Points: 
  • SCOTTSDALE, Ariz., May 16, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.75 per share.
  • This dividend is payable on June 28, 2024 to shareholders of record as of the close of trading on June 14, 2024.

Builders FirstSource Raises More Than $1 Million for The Leukemia & Lymphoma Society at Annual Charity Event

Retrieved on: 
Giovedì, Maggio 16, 2024
Urban Planning, REIT, Fund Raising, General Health, Foundation, Philanthropy, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Other Manufacturing, Construction & Property, Health, Other Philanthropy, Manufacturing, Building Systems, Other Health, Oncology, Partnership, JELD-WEN, Patient, Boise Cascade, Commvault, LP, Bone marrow, Accenture, Audio, Friends, LLS, Meritage Homes Corporation, Leukemia & Lymphoma Society, Life, Builders FirstSource, Sport, Survivor, ODL, Cancer, Research, Builder, Firstsource, Leukemia, Georgia-Pacific, Trex, Cisco, Family, Hall, Pharmaceutical industry

Builders FirstSource proudly announces that its recent Annual Charity Event for The Leukemia & Lymphoma Society (LLS) successfully raised over $1 million for LLS, demonstrating the company's enduring commitment to fighting blood cancers.

Key Points: 
  • Builders FirstSource proudly announces that its recent Annual Charity Event for The Leukemia & Lymphoma Society (LLS) successfully raised over $1 million for LLS, demonstrating the company's enduring commitment to fighting blood cancers.
  • "We are deeply appreciative of the overwhelming support from our partners, which enabled us to make this significant contribution to The Leukemia & Lymphoma Society,” said Dave Rush, President and CEO of Builders FirstSource.
  • "Through the unwavering support and generosity of Builders FirstSource and its partners, we are empowered to advance towards a world without blood cancer.
  • Looking forward, Builders FirstSource aims to raise at least $2 million for LLS in 2024.

Meritage Homes Completes Offering of 1.75% Convertible Senior Notes

Retrieved on: 
Giovedì, Maggio 9, 2024
Debt-to-GDP ratio, Meritage Homes Corporation, Sale, Exercise, MTH, Person, Note, Security (finance)

SCOTTSDALE, Ariz., May 09, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it has completed its offering and sale of $575 million aggregate principal amount of 1.75% Convertible Senior Notes due 2028.

Key Points: 
  • SCOTTSDALE, Ariz., May 09, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it has completed its offering and sale of $575 million aggregate principal amount of 1.75% Convertible Senior Notes due 2028.
  • This amount includes the exercise in full by the initial purchasers of their option to purchase up to an additional $75 million aggregate principal amount of notes.
  • The offering was made to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).
  • This release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Meritage Homes Announces Pricing of Convertible Senior Notes

Retrieved on: 
Martedì, Maggio 7, 2024
Debt-to-GDP ratio, Sale, Meritage Homes Corporation, Observation, Exercise, Meritage, MTH, Calendar, Person, Note, Security (finance)

SCOTTSDALE, Ariz., May 07, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced the pricing of $500 million aggregate principal amount of its 1.75% Convertible Senior Notes due 2028 (the “notes”).

Key Points: 
  • SCOTTSDALE, Ariz., May 07, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced the pricing of $500 million aggregate principal amount of its 1.75% Convertible Senior Notes due 2028 (the “notes”).
  • The Company also granted the initial purchasers of the notes a 13-day option to purchase up to $75 million of aggregate principal amount of additional notes.
  • The notes will mature on May 15, 2028 (the “maturity date”), unless earlier converted or repurchased.
  • The capped call transactions will cover, subject to anti-dilution adjustments, the number of shares of the Company’s common stock initially underlying the notes.

Meritage Homes Announces Offering of Convertible Senior Notes

Retrieved on: 
Lunedì, Maggio 6, 2024
Meritage Homes Corporation, Debt-to-GDP ratio, Sale, Exercise, Observation, MTH, Person, Security (finance)

SCOTTSDALE, Ariz., May 06, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it has commenced an offering of $500 million aggregate principal amount of its Convertible Senior Notes due 2028 (the “notes”), subject to market and other conditions.

Key Points: 
  • SCOTTSDALE, Ariz., May 06, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it has commenced an offering of $500 million aggregate principal amount of its Convertible Senior Notes due 2028 (the “notes”), subject to market and other conditions.
  • The Company also expects to grant the initial purchasers of the notes a 13-day option to purchase up to $75 million of aggregate principal amount of additional notes.
  • The interest rate, the initial conversion rate, and certain other terms of the offering will be determined at the time of pricing.
  • The offering is subject to market conditions, and there can be no assurance as to whether or when the offering will be completed, or as to the actual size or terms of the offering.

Meritage Homes First Quarter 2024 Earnings Conference Call and Webcast Scheduled for April 25, 2024

Retrieved on: 
Giovedì, Marzo 28, 2024
Meritage Homes Corporation, MTH

SCOTTSDALE, Ariz., March 28, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's first quarter 2024 results on Wednesday, April 24, 2024 after the market closes.

Key Points: 
  • SCOTTSDALE, Ariz., March 28, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company's first quarter 2024 results on Wednesday, April 24, 2024 after the market closes.
  • Management will host a conference call to discuss the results at 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time) on Thursday, April 25, 2024.
  • To listen, please go to Meritage’s Investor Relations page for the live webcast or dial in to 1-877-407-6951 U.S. toll free or 1-412-902-0046.
  • A replay will be available on the Investor Relations page.

Raymond Oppel to Retire from Meritage Homes Board of Directors

Retrieved on: 
Venerdì, Marzo 15, 2024
Meritage, Meritage Homes Corporation, Executive compensation, MTH

SCOTTSDALE, Ariz., March 15, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage,” “Meritage Homes” or the “Company”), the fifth-largest public homebuilder in the U.S., today announced that board director Raymond Oppel will not seek re-election to the Board at the Company’s upcoming annual meeting of shareholders and will retire from his position effective May 16, 2024.

Key Points: 
  • SCOTTSDALE, Ariz., March 15, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage,” “Meritage Homes” or the “Company”), the fifth-largest public homebuilder in the U.S., today announced that board director Raymond Oppel will not seek re-election to the Board at the Company’s upcoming annual meeting of shareholders and will retire from his position effective May 16, 2024.
  • Mr. Oppel joined Meritage’s Board in 1997 and during his tenure, chaired the Executive Compensation Committee.
  • “On behalf of the Board, I would like to thank Ray for an incredible 27 years of service,” said Steven J. Hilton, executive chairman of Meritage Homes.
  • “As one of our inaugural directors, Meritage has benefited invaluably from his real estate and business acumen.

Riviera Pines: A New Residential Community Coming to the Grand Parkway of Houston

Retrieved on: 
Lunedì, Marzo 25, 2024
Landscape, Other Construction & Property, Architecture, Residential Building & Real Estate, Construction & Property, Texas State Highway 99, Education, Meritage Homes Corporation, Meritage, Multimedia

This is Trophy Signature Homes’ debut in the Houston market.

Key Points: 
  • This is Trophy Signature Homes’ debut in the Houston market.
  • (Photo: Business Wire)
    Riviera Pines is an exciting new residential community in a prime location just south of the Grand Parkway, providing direct access to destinations such as South Woodlands, Exxon Mobil HQ, and more.
  • "We are thrilled to introduce Trophy Signature Homes to the Houston market," said Bobby Samuel, National Vice President of Land.
  • Phase 1 of Riviera Pines is targeted for delivery in Q2 of 2025, with subsequent phases and amenities following soon after.

Meritage Homes Increases Quarterly Cash Dividend And Announces Systematic Share Repurchase Strategy

Retrieved on: 
Giovedì, Febbraio 22, 2024
Sustainability, Meritage Homes Corporation, Share repurchase, Biophysical environment, Meritage, Policy, MTH

SCOTTSDALE, Ariz., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.75 per share, which increased from the $0.27 per share quarterly dividend in 2023.

Key Points: 
  • SCOTTSDALE, Ariz., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.75 per share, which increased from the $0.27 per share quarterly dividend in 2023.
  • This dividend is payable on March 29, 2024 to shareholders of record as of the close of trading on March 15, 2024.
  • In addition to the increase in the dividend, Meritage has also instituted a formal share repurchase plan with a minimum buyback commitment of $15 million in each quarter of this fiscal year.
  • Consistent with its dividend policy, Meritage intends to review and renew its share repurchase commitment annually.